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Paypal Monthly Income Limit
 

How do you know if your paypal has a monthly income limit?! and how do you find out what it is?
because some situations..people use it for their websites just fine..with no limit and such..so i was wondering..cause alot of customers..prefer paypal because its "the safest way to pay online"

You learn the limit by pushing it to the limit, so far I'm up around $4700 for 30 days on one and my paypal balance is about $100 and still not limited, I'm sure it's getting a little close though I can feel it.

yeah. i guess. is that the only way? haha. ahh i hope i'm lucky enough o.O

I have 2 sites that accept both credit cards and PayPal. I definitely get PayPal orders, but the majority of orders - by far - are paid by credit card. So you might want to look into a merchant account.

Merchant accounts can limit you too, but once they see you are fulfilling orders quickly and there are few or no chargebacks, they will raise the limits.

I would do this even if you have to go with a "high risk" processor that charges more. Just use them for six months and then you can switch to a new processor easily. The new processor will want a couple of months of statements. Once you HAVE a merchant account, they are easy to get.

A good one is charge.com - if they cannot approve you, they will hook you up with a company that CAN. And they will usually give you an answer within 24 hours. It costs nothing to try, so you have nothing to lose.

any other good ones besides charge.com that i should try??

I just signed up for charge.com a minute ago, wait and see how that goes paymate is another good one, in fact I'm gonna sign for them right now.

Just signed up for paymate took less than a minute has a $5000 monthly sales limit. I had no clue it was gonna be that simple haha.

Isnt paymate real details though? It cannot be a stealth account??

I'm still waiting for Paymate to hit Canada.

I know Moneybookers I have gotten through on stealth ha but not so many people choose the option to pay with Moneybookers...

i tried to apply for paymate but when i tried to make a merchant account it decline my application..eh..
and jbuntz how did charge.com work for you??
how you liking it??
anyone else have suggestion for good merchant accounts/good ones to start out with/etc.

They're still reviewing my aplication, just getting other options set aside for the future. I'm still doing just fine with paypal for now.

I looked at charge.com last year. Fees are up there. But what caught my eye was a large amount of complaints on them holding money or freezing accounts.

Those need to be taken with a grain of salt sometimes since people can make their own mistakes and blame the company. But I do remember being turned off a tad on complaints.

But jbuntz, please keep us up to date on your findings.

is the fees as high as paypal?